Daily Archives: July 12, 2016

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VW Reaches $15 billion Emissions Settlement

By Sophie Williams – Volkswagen initially encountered up to $18 billion in fines for violating the U.S. Clean Air Act. VW sold over 11 million cars worldwide with deceptive software that cut back on cars’ emissions while undergoing tests. Read more here… URL: http://www.wsj.com/articles/volkswagen-to-pay-up-to-14-7-billion-to-settle-diesel-emissions-claims-1467117548